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Germany's Chancellor Friedrich Merz has criticized the country's nuclear phaseout as a "serious strategic mistake," leading to high electricity prices and dependence on imported energy. This reflects a global trend of countries reconsidering their abandonment of nuclear power and fossil fuels. Japan is restarting its nuclear reactors after a similar mistake, while other nations, including the U.S. and India, are reassessing their energy policies to ensure security and affordability. The article warns that without reliable energy sources, future crises could lead to public discontent and higher costs.

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Germany's Nuclear Confession Is A Crack In Net‑Zero Pretense

The DAX index fell by 1.62% today, closing at 23954.93, marking its largest decline since March 20, 2026. It has decreased in three of the last four trading days and is down 5.77% from its record close of 25420.66 on January 13, 2026. This is the lowest closing value since April 29, 2026, and it is down 1.39% month-to-date and 2.19% year-to-date.

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DAX Ends 1.62% Lower at 23954.93 — Data Talk

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European shares fell on May 8, with the pan-European Stoxx 600 down 0.7% at 612.14 points, despite a small weekly gain. The decline was driven by heightened tensions in the Middle East, impacting investor sentiment. Major markets, including Germany’s DAX, dropped significantly. Concerns over geopolitical stability and US tariffs on the EU added to the negative outlook, particularly affecting financials and industrials sectors, which saw declines of 0.7% and 1.5%, respectively.

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Europe: Shares slide as Middle East tensions flare

Germany's service sector contracted in April, with the Business Activity Index dropping to 46.9 from 50.9 in March, indicating a decline in activity. In contrast, manufacturing saw a slight increase, with the S&P Global Germany Manufacturing PMI revised to 51.4. The Composite PMI Output Index fell to 48.4, suggesting a potential contraction in the economy for the second quarter, influenced by rising inflation and the impact of the Middle East conflict on demand.

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Germany's service sector contracts in April, manufacturing rises

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The DAX index fell by 0.27% today, closing at 24018.26, marking its largest one-day decline since April 22, 2026. It has now dropped for seven consecutive trading days, totaling a decline of 2.77% over this period. The index is currently 5.52% below its record close of 25420.66 from January 13, 2026, and has reached its lowest closing value since April 13, 2026. Year-to-date, the DAX is down 1.93%.

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DAX Ends 0.27% Lower at 24018.26 — Data Talk

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The Stoxx Europe 50 Index opened down 0.5%, the German DAX Stock Index fell 0.7%, the UK FTSE 100 Index dropped 0.6%, and the French CAC 40 Index declined 0.1%

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The DAX index fell by 0.60% today, closing at 24270.87, marking its second consecutive day of decline. Over the last two trading days, it has dropped 1.75%, the largest decline since March 27, 2026. The index is currently 4.52% below its record close of 25420.66 from January 13, 2026, but is up 13.98% from its 52-week low of 21293.53. Year-to-date, the DAX is down 0.90%.

DAX Ends 0.60% Lower at 24270.87 — Data Talk

The DAX index rose 3.77% this week, closing at 24702.24, marking its largest weekly gain since April 2025. It has increased for three consecutive weeks, totaling a 10.77% rise over that period. The index also saw a daily gain of 2.27%, the highest since April 2026. Currently, it is 2.83% below its record close of 25420.66 from January 2026, but up 16.49% from its 52-week low. Year-to-date, the DAX is up 0.86%.

DAX Ends the Week 3.77% Higher at 24702.24 — Data Talk

According to data from the Federal Statistical Office of Germany, wholesale prices in Germany rose by 4.1% year-on-year in March 2026, significantly higher than the 1.2% increase in the previous three months, marking the fastest increase since February 2023. This was mainly driven by a 17.8% rise in oil product prices, as well as a 48.4% increase in the prices of non-ferrous ores, non-ferrous metals, and related semi-finished products. On a monthly basis, wholesale prices increased by 2.7%, rebounding from a 0.6% increase in February, exceeding the market estimate of a 0.4% increase

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"Economics" German wholesale prices in March rose 4.1% year-on-year, the highest increase in three years

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Germany's DAX 30 index initially closed down 1.61% at 23698.47 points. The French stock index initially closed down 0.80%, the Italian stock index initially closed up 0.16% with the banking index down 0.76%, and the UK stock index initially closed down 0.44%

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Germany's Nuclear Confession Is A Crack In Net‑Zero Pretense

DAX Ends 1.62% Lower at 23954.93 — Data Talk

Europe: Shares slide as Middle East tensions flare

Germany's service sector contracts in April, manufacturing rises

DAX Ends 0.27% Lower at 24018.26 — Data Talk